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13 October, 21:07

If an owner wanted to know how money flowed into and out of the company, which financial statement would the owner use?

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  1. 13 October, 22:42
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    The correct answer to the following question is the statement of cash flow.

    Explanation:

    If a owner or financial manager or any other person wants to know how the amount of money flow in and out of the company, then they can check out the company's cash flow statement.

    A cash flow statement is that type of financial statement, which shows the amount of cash flow that is coming in the company and going out. This cash flow statement can be analysed to see if a company is able to generate regular flow of cash and is it able to meets its obligation (operating expenses) consistently.
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